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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,467 | $50,498-55.5% | $75,784-70.4% | $55,191-59.3% |
| Participation rate | 25.6% | 69.4%-43.9pp | 75.8%-50.3pp | 69.2%-43.6pp |
| Annual return | 2.48% | 1.80%+0.7pp | 9.68%-7.2pp | 10.78%-8.3pp |
| Employer contribution / active EE | $534 | $2,291-76.7% | $3,323-83.9% | $1,899-71.9% |
| Participant deferral / active EE | $2,045 | $2,589-21.0% | $3,652-44.0% | $3,046-32.9% |
| Admin fee / account holder | $16 | $123-86.9% | $5,300-99.7% | $91-82.3% |